Universities Advance High-Speed Trans-Atlantic Network

http://campustechnology.com/articles/2011/06/21/universities-advance-high-speed-trans-atlantic-network.aspx
The group has signed with Hibernia Atlantic to use its transatlantic fiber optic cable for data communications. Indiana University, lead partner for the America Connects to Europe Project (ACE Project), said the organization will be using Hibernia's network to connect participating universities and labs with European counterparts. Last year Indiana U received a National Science Foundation award of $4.6 million to fund this latest high-speed international network service.
The project is also receiving funding from GÉANT, a multi-domain topology that spans 34 European countries to connect 30 million researchers. The infrastructure in that existing initiative is supplied by the non-profit Delivery of Advanced Network Technology to Europe (DANTE).
At the same time Indiana U received the ACE funding, it also received the same amount to continue its network connection work with Asia in the TransPAC3 project, which has been going on for at least a decade. The university is the lead institution for the International Research Network Connections (IRNC) program, an umbrella effort to support high-performance network connectivity between this country and the international community. ACE is one of several components within the IRNC program.
Hibernia's network delivers 10 Gbps capacity between New York and Amsterdam and between Washington, DC and Frankfurt. The plan is to deploy several 10 Gbps "waves," starting with 40 Gbps and growing that to 100 Gbps.

Brightbridge Wealth Management Headlines:Hillary Clinton says FBI will probe Gmail hacker attack - Saeo

Brightbridge Wealth Management Headlines:Hillary Clinton says FBI will probe Gmail hacker attack - Saeo

Google Inc. disclosed the attack on its Gmail email service Wednesday, saying it appeared to have originated in China and affected hundreds of people.

“We are obviously very concerned about Google’s announcement,” Clinton said Thursday at a news conference. “These allegations are very serious.”

She said the FBI would conduct an investigation into the breaches.

White House press secretary Jay Carney said that President Obama had been made aware of the attacks. But Carney added that there was no reason to believe that any official U.S. government email accounts had been accessed by the hackers.

Carney said that government officials are permitted to have personal email accounts, but not allowed to use them in any official capacities.

“All of our work is conducted on work email accounts,” Carney said at a news briefing. “That’s part of the Presidential Records Act.”

Google has not publicly disclosed the names of the people whose email accounts may have been exposed during the attack. The company said that they had notified them of the breech.

A Department of Defense spokeswoman said the agency was not sure if any of the victims of the cyber attack were DOD employees.

“As the breach involved Gmail,” said Lt. Col. April Cunningham, “since those are not official DOD email accounts, we are unaware if the targeted individuals are Defense employees.”

Also on Thursday, the Chinese government — which has long been at odds with Google over censorship and other issues — said it had nothing to do with the attack.

“Allegations that the Chinese government supports hacking activities are completely unfounded and made with ulterior motives,” said Hong Lei, a spokesman for the Chinese Foreign Ministry, according to news reports in China.

Brightbridge Wealth Management Headlines:Hillary Clinton says FBI will probe Gmail hacker attack

http://brightbridgewealthmanagement-advice.com/2011/06/brightbridge-wealth-management-headlineshillary-clinton-says-fbi-will-probe-gmail-hacker-attack/
Google Inc. disclosed the attack on its Gmail email service Wednesday, saying it appeared to have originated in China and affected hundreds of people.
“We are obviously very concerned about Google’s announcement,” Clinton said Thursday at a news conference. “These allegations are very serious.”
She said the FBI would conduct an investigation into the breaches.
White House press secretary Jay Carney said that President Obama had been made aware of the attacks. But Carney added that there was no reason to believe that any official U.S. government email accounts had been accessed by the hackers.
Carney said that government officials are permitted to have personal email accounts, but not allowed to use them in any official capacities.
“All of our work is conducted on work email accounts,” Carney said at a news briefing. “That’s part of the Presidential Records Act.”
Google has not publicly disclosed the names of the people whose email accounts may have been exposed during the attack. The company said that they had notified them of the breech.
A Department of Defense spokeswoman said the agency was not sure if any of the victims of the cyber attack were DOD employees.
“As the breach involved Gmail,” said Lt. Col. April Cunningham, “since those are not official DOD email accounts, we are unaware if the targeted individuals are Defense employees.”
Also on Thursday, the Chinese government — which has long been at odds with Google over censorship and other issues — said it had nothing to do with the attack.
“Allegations that the Chinese government supports hacking activities are completely unfounded and made with ulterior motives,” said Hong Lei, a spokesman for the Chinese Foreign Ministry, according to news reports in China.

Brightbridge Wealth Management Headlines: Market Preview: All Eyes on LinkedIn’s Encore

http://brightbridgewealthmanagement-advice.com/2011/05/brightbridge-wealth-management-headlines-market-preview-all-eyes-on-linkedins-encore/
The market shrugged off a ton of shaky economic data on Thursday as LinkedIn(LNKD)-inspired euphoria seemed to serve as a cure-all.
The problem is the business-oriented social networking company’s impressive debut is an impossible act to follow, and there could be a hangover for the broad market to deal with after the stock closed up more than 100%. At one point, the shares ran as high as $122.70, a gain of 170% from LinkedIn’s pricing at $45 per share.
The Dow Jones Industrial Average is now up about 10 points for the week so Friday’s direction is likely to determine whether the blue-chip index falls for a third straight week for the first time in 2011 or breaks the streak.
Retail investors have continued to trend toward bearishness, according to the latest American Association of Individual Investors survey, which found 41.3% of respondents fell in the bear camp for the week ended on Wednesday. That’s up 5.8% from the week before, and well beyond the long-term average of 30%.
Those identifying themselves as bullish in the survey, which draws from the organization’s 150,000 members and asks how they feel about the stock market for the next six months, came in at just 26.7%, down 4.1% from last week and far below the long-term average of 39%. The remainder of those polled identified themselves as neutral.
Thursday’s after-hours session was a busy one with disappointing results from both Gap(GPS) and Aeropostale(ARO) set against positive reports from Salesforce.com(CRM) and Foot Locker(FL).
Quarterly reports of note due on Friday are few and far between. AnnTaylor Stores(ANN) is always good for some insight into how the affluent consumer is doing, and the company has topped Wall Street’s expectations in three of the past four quarters.
The consensus for the April-ended period calls for a profit of 48 cents a share on revenue of $512.1 million, and there’s bullish lean ahead of the numbers with 12 of the 19 analysts covering the shares at either strong buy (12) or buy (12). The stock closed Thursday at $30.20, up 12.5% so far in 2011 and 50% over the past 52 weeks, so the snapback if there’s a shortfall could be harsh.

Brightbridge Wealth Management Headlines:Facebook Lawsuit Is A ‘Fraud’ - Saeo

Brightbridge Wealth Management Headlines:Facebook Lawsuit Is A ‘Fraud’ - Saeo

A Facebook lawsuit is being deemed “a brazen and outrageous fraud” by Facebook’s founders. Paul Ceglia claims that an eight-year-old contract signed by founder Mark Zuckerberg entitles him to 50 percent ownership of of the company.

Zuckerberg did admit that he dealt with Ceglia back in 2003, but all he did was sign a contract to work with Ceglia on StreetFax.com. Ceglia was starting the company at the time and Zuckerberg had answered an online job posting.

Facebook and Zuckerberg deny the allegations of the lawsuit. They claim Ceglia doctored a contract and fabricated e-mails.

Zuckerberg started working on Facebook seven months after signing a contract with Ceglia. Facebook first launched under the name “thefacebook.com” in February 2004.

“At no time did Zuckerberg enter into any agreement, written or otherwise, with Plaintiff or anyone affiliated with Plaintiff concerning Facebook or any similar social networking service or web site,” the company said in a statement reported by CNN.

Facebook is now valued at $55 billion, according to Sharepost.com and Bloomberg News. It is the world’s biggest social-networking website.

The website has called Ceglia “an inveterate scam artist whose misconduct extends across decades and borders.” It is questioning why Ceglia waited seven years to file the action, when it is now one of the world’s best known companies, the Los Angeles Times reported.

Brightbridge Wealth Management Headlines:Facebook Lawsuit Is A ‘Fraud’

http://brightbridge-wealthmanagement.com/2011/06/brightbridge-wealth-management-headlinesfacebook-lawsuit-is-a-fraud/
A Facebook lawsuit is being deemed “a brazen and outrageous fraud” by Facebook’s founders. Paul Ceglia claims that an eight-year-old contract signed by founder Mark Zuckerberg entitles him to 50 percent ownership of of the company.
Zuckerberg did admit that he dealt with Ceglia back in 2003, but all he did was sign a contract to work with Ceglia on StreetFax.com. Ceglia was starting the company at the time and Zuckerberg had answered an online job posting.
Facebook and Zuckerberg deny the allegations of the lawsuit. They claim Ceglia doctored a contract and fabricated e-mails.
Zuckerberg started working on Facebook seven months after signing a contract with Ceglia. Facebook first launched under the name “thefacebook.com” in February 2004.
“At no time did Zuckerberg enter into any agreement, written or otherwise, with Plaintiff or anyone affiliated with Plaintiff concerning Facebook or any similar social networking service or web site,” the company said in a statement reported by CNN.

Facebook is now valued at $55 billion, according to Sharepost.com and Bloomberg News. It is the world’s biggest social-networking website.
The website has called Ceglia “an inveterate scam artist whose misconduct extends across decades and borders.” It is questioning why Ceglia waited seven years to file the action, when it is now one of the world’s best known companies, the Los Angeles Times reported.
Facebook is asking the court to dismiss the complaint and force Ceglia to pay for its attorney fees.

Brightbridge Wealth Management Headlines: Windows 8 First Look: ‘Live Tiles’ And An App Store

http://brightbridge-wealthmanagement.com/2011/06/brightbridge-wealth-management-headlines-windows-8-first-look-live-tiles-and-an-app-store/
Microsoft on Wednesday offered the first sneak peak of the next version of Windows—a touch-friendly OS that the company is counting on to finally make it a player in the red-hot tablet market.
Windows 8, as the operating system is called, at least for now, borrows heavily from Microsoft’s Windows Phone 7 mobile OS. Its Start menu, for instance, uses Windows Phone’s Live Tiles interface.

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The tiles, which can be customized by the user, feed real-time data from social networks, e-mail accounts, messaging systems and other services directly to the home screen. The tiles can also be expanded to fill the whole screen to create a true tablet look.
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The idea behind the layout is to make Windows 8 an OS that is equally at home on touch-screen tablets as it is on fully-powered desktops and laptops. “Windows 8 is a reimagining of Windows, from chip to the interface,” Microsoft said in a statement.
“A Windows 8-based PC is really a new kind of device, one that scales from touch-only small screens to large screens, with or without a keyboard and mouse,” the company said. Windows 8 will support traditional desktop apps, and HTML5 and JavaScript tablet apps that fill the entire screen when launched.

Microsoft Windows division chief Steven Sinofsky demonstrated Windows 8 for the first time at the All Things D conference in Rancho Palos Verdes, Calif. Most notably, the tile interface included direct links to Explorer, picture folders, and e-mail apps. One tile was simply titled “Store”, an indication that Microsoft plans to launch an Apple-style app store for Windows 8 applications and services.
Microsoft has made little secret of the fact that it plans to fully attack the tablet market with Windows 8. In January, the company said it would essentially fork the OS into two streams—one for desktops that run Intel and AMD x86 chips, and one that runs on ARM’s system-on-a-chip architecture for tablets.
Microsoft did not announce a launch date for Windows 8, but industry speculation has it pegged at some time between the 2011 holiday shopping season and early 2012. It’s also possible that Microsoft could release the ARM-based version of Windows 8 for tablets ahead of the desktop version, in an effort to catch up with rivals Apple and Google.